Job Description:
The candidate would support the US Economics team in analyzing, forecasting and communicating house views. This job will involve working with large data sets, helping to run macro models and assisting on research projects with senior economists in the team. The candidate will be responsible for updating and maintaining databases and compiling regular daily and weekly reports. There will be interaction with the sales force and traders, with some time spent sitting on the trading floor to analyze economic and Federal Reserve releases. This job also requires initiative and independent judgment to proactively respond to internal (sales force and traders) and external client questions and requests.
Responsibilities
- Write regular reports on economic events and their impact on the market
- Take over primary coverage of key sectors of the US economy
- Work with Senior Analysts to develop key themes
- Assist Senior Analysts in creating and updating presentation materials for client meetings and events
- Develop databases integral to different research products
- Seek out new, value-added, and/or unusual sources of information
- Leverage our robust internal data set
Requirements
- BA or MA in economics or a related quantitative field or equivalent years of experience
- 1-2 years of relative work experience
- Demonstrate knowledge of Econometrics
- The candidate must be able to thrive in a fast-paced and intense environment
- Strong writing and spreadsheet skills. Must be an expert at MS Excel
- Experience working with statistical packages and/or programming experience
- Must have excellent communication skills, written and verbal
- Must have strong attention to detail, ability to multi-task
- Must work well in a collaborative team environment
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$70,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Skills Required
- BA or MA in economics or related quantitative field or equivalent experience
- 1-2 years of relative work experience
- Demonstrate knowledge of Econometrics
- Strong writing and spreadsheet skills, expert at MS Excel
- Experience working with statistical packages and/or programming experience
- Excellent communication skills, written and verbal
- Strong attention to detail, ability to multi-task
- Ability to work well in a collaborative team environment
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Fair & Transparent Compensation — Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
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Pay Growth & Progression — A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
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Parental & Family Support — Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.
Bank of America Insights
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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